If the Price of Apples Decreases by 2 Percent and Causes

question 57

Multiple Choice

If the price of apples decreases by 2 percent and causes apple consumption to increase by 4 percent, the price elasticity of demand is ____, indicating the demand is ____.

• A) 2; elastic
• B) 2; inelastic
• C) 0.5; elastic
• D) 0.5; inelastic

---

Definitions:

Wild Animal

An animal that is not domesticated and lives independently of human control or ownership, often subject to specific legal considerations.

Possession

Possession signifies the control or occupancy of property without regard to ownership.

Fatal Wounds

Injuries severe enough to lead to death.

Ownership

The legal right or title to possess property, including the rights to use, sell, or transfer it.